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Why the 2020s May Be the Decade of Hyperbitcoinization
5.6.2020
Bitcoin (BTC)’s monetary fairness may lead to the 2020s becoming the decade of hyperbitcoinization, which is a theorized form of Bitcoin-induced currency demonetization, according to Lucas Nuzzi, Head of Network Data at US-based crypto data provider Coin Metrics.
“Everything that we’ve experienced...
Antminer T19 May Not Affect Bitcoin Hash Rate but Keeps Bitmain Ahead
5.6.2020
The Antminer T19 by Bitmain may not have a big impact on the Bitcoin network, and it comes out amid the firm’s internal and post-halving uncertainty
Crypto Derivatives Blossomed In May, Celsius Hit USD 1B + More News
5.6.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Exchange news
Derivatives represented 32% of the crypto market in May, compared with 27% in April, according to a report...
Report: USDC Volume Collapsed in May Despite Market Recovery
5.6.2020
As exchange volumes and the crypto market resumes growing by all measures in May 2020, the USDC stablecoin saw its Bitcoin trading volume plummet by 78%
Crypto Derivative Volumes Hit Record $602B in May: Report
4.6.2020
Crypto derivative volumes in May gaining key market share against spot volumes
Ethereum May Not Be Perfect, but Most DApps Still Like to Run With It
4.6.2020
Security, a viable business model and an active community: why the majority of DApp developers still opt for the Ethereum blockchain
CoinMarketCap Wraps Up First Phase of Exchange Ranking Algorithm Change
4.6.2020
Following the last exchange ranking update on May 14, we have just implemented a new algorithm to replace the previousContinue Reading
The post CoinMarketCap Wraps Up First Phase of Exchange Ranking Algorithm Change appeared first on CoinMarketCap Blog
Miners Are Selling More of Their Bitcoin. That May Actually Be Bullish
3.6.2020
The conventional wisdom could be challenged because miners mainly operate on cash, meaning they need to liquidate their holdings almost daily to fund the cost of mining
First Mover: ECB Stimulus May Offer Market Hope After Bitcoin Fails (Again) to Break $10K
3.6.2020
After another failure above the $10,000 mark, some bitcoin traders are now looking ahead to this week's European Central Bank meeting, where authorities could commit to an extra €500 billion in money injections – er, asset purchases
Travala Sees 205% Jump in Booking Revenue as Travel Demand Returns — 60% Paid With Cryptocurrencies
2.6.2020
Crypto-friendly travel booking platform Travala has reported booking growth as demand for travel returns despite continued coronavirus crisis and extended lockdowns in many places. Its booking revenue in May soared 205% and 60% of all bookings were paid with cryptocurrencies. Travel Demand...
US Investors in Tezos’ 2017 ICO May Be Eligible for $25M Settlement
2.6.2020
With the class-action lawsuit against Tezos likely to soon end in a $25 million settlement, ICO participants are encouraged to submit claims by Oct. 16, 2020
Hackers Move Another $800K in BTC Stolen From the 2016 Bitfinex Breach
2.6.2020
Another $800,000 worth of bitcoin from the Bitfinex hack of four years ago has been moved to an unknown wallet. Whale Alert reports that hackers transferred 77.64 bitcoin (BTC) on Tuesday, which amounts to $797,000 at the time the alert was issued. The thieves last moved about $255,000 or 28.4...
‘Post-dollar World’ May Be Run by Digital Yuan – Analysts
2.6.2020
International experts are warning that China’s forthcoming digital yuan might be gunning not only for the United States dollar, but also for bitcoin (BTC)’s market share – while slumping dollar prices have prompted some to ask if BTC currently presents a better investment opportunity than...
Japanese Finance Minister May be Opposed to Lowering Tax on Crypto
2.6.2020
Taro Aso might not be willing to support legislation in Japan treating cryptocurrency-related income the same as that for stocks
South Korean Gov’t May Introduce Capital Gains Tax on Crypto Earnings
2.6.2020
The South Korean government could introduce capital gains tax on crypto earnings – and may unveil its proposals as early as next month.
Per a report from Digital Today, the South Korean Ministry of Economy and Finance is seriously considering imposing the same sort of tax rules on crypto earnings...
‘Sell in May’ Wall Street Adage Doesn’t Apply to Bitcoin, Data Suggests
2.6.2020
Investors who sold bitcoin in May missed out on positive returns during 8 of the past 10 years, according to market data
Crypto Firm Uquid Launches Marketplace- 30,000 Digital Products, Bitcoin Cash Support
1.6.2020
On May 28, 2020, the digital currency and blockchain company Uquid has announced that the Uquid Shop is now live and accepting cryptocurrencies like bitcoin cash for payments. The team at Uquid has dubbed the market the “world’s biggest digital shop for crypto users is ready to launch...
Market Update: Bullish Bitcoin S2F Chart, 6-Digit Prices, Liquidations Prime Crypto Values
1.6.2020
The price of bitcoin and a number of cryptocurrencies have been sliding downward in value during the last 72 hours, after bitcoin touched a high of $9,700 on May 30, 2020. On Monday, June 1, the price is up 0.06% and trading for $9,578 per coin during the morning trading sessions. The market...
First Mover: 0x’s ZRX Token Surged 67% in May to Become Month’s Top Performer
1.6.2020
0x's ZRX token was May’s best performing crypto asset, beating bitcoin by a big margin
Coin Race: Top Winners/Losers of Mixed May; Bitcoin, Ethereum Up Again
1.6.2020
As June just started, we'll look back again at May to see how the market finished the month. We have a mixed bag this time. While it was difficult finding a coin in red in April, we have a full list of both winners and losers this time around. However, there are only four coins in the top 10...